gestelberries: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
gestelberries
NACE 01.250, Crop and animal production, hunting and related service activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€746,207
2023 · €1.1m-€347,389
Equity
€4.3m
2023 · €3.5m+€744,147
Cash
€887,967
2023 · €580,832+€307,135
Balance sheet total
€13.7m
2023 · €13.2m+€419,534
Largest movements
Assets
- Cash +€307,135
up €307,135 (+52.9%), from €580,832 to €887,967
mainly Depreciation (+€1.0m) and Net result for the year (+€746,207)
Equity and liabilities
- Debts after one year -€1.0m
down €1.0m (-12.2%), from €8.2m to €7.2m
- Reserves +€746,207
up €746,207 (+21.8%), from €3.4m to €4.2m
of which Distributable reserves: +€746,207
- Other debts +€363,996
up €363,996 (+722.5%), from €50,377 to €414,373
- Trade debts +€197,578
up €197,578 (+64.2%), from €307,525 to €505,103
Income statement
- Gross operating margin +€444,656
up €444,656 (+12.4%), from €3.6m to €4.0m
- Financial income -€394,062
down €394,062 (-99.0%), from €398,197 to €4,135
- Taxes +€208,311
up €208,311 (+158.5%), from €131,426 to €339,737
- Staff costs +€158,217
up €158,217 (+10.5%), from €1.5m to €1.7m
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2023
€1.1m
Gross operating margin
+€444,656
Staff costs
-€158,217
Depreciation
-€315
Other operating charges
-€7,286
Other operating items
+€5,168
Financial income
-€394,062
Financial charges
-€29,023
Taxes
-€208,311
Result 2024
€746,207
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.3m
Investment
-€1.0m
Financing
-€991,826
Cash 2023
€580,832
From operations (derived)
+€2.3m
Net result for the year
+€746,207
Depreciation
+€1.0m
Receivables after one year
-€7,030
Stocks and contracts
-€21,585
Receivables within one year
-€47,486
Deferred charges and accrued income
-€7,121
Trade debts
+€197,578
Tax, wage and social debts
+€87,736
Other debts
+€363,996
Accrued charges and deferred income
+€15,843
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€991,826
Debts after one year
-€1.0m
Current portion of long-term debt
+€12,750
Contributions, distributions and other
-€2,060
Cash 2024
€887,967
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,239,602 | €13,659,135 | +€419,534 | +3.2% |
| Fixed assets | 21/28 | €10,809,927 | €10,839,104 | +€29,177 | +0.3% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,808,446 | €10,837,623 | +€29,177 | +0.3% |
| Land and buildings | 22 | €5,793,477 | €5,496,766 | -€296,711 | -5.1% |
| Plant, machinery and equipment | 23 | €4,643,289 | €4,273,654 | -€369,635 | -8.0% |
| Furniture and vehicles | 24 | €47,038 | €62,037 | +€14,999 | +31.9% |
| Assets under construction and advance payments | 27 | €324,642 | €1,005,166 | +€680,524 | +209.6% |
| Financial fixed assets | 28 | €1,480 | €1,480 | = | 0.0% |
| Current assets | 29/58 | €2,429,674 | €2,820,031 | +€390,357 | +16.1% |
| Amounts receivable after more than one year | 29 | - | €7,030 | +€7,030 | |
| Other amounts receivable | 291 | - | €7,030 | +€7,030 | |
| Stocks and contracts in progress | 3 | €1,092,900 | €1,114,485 | +€21,585 | +2.0% |
| Stocks | 30/36 | €1,092,900 | €1,114,485 | +€21,585 | +2.0% |
| Amounts receivable within one year | 40/41 | €605,096 | €652,583 | +€47,486 | +7.8% |
| Trade receivables | 40 | €518,610 | €565,518 | +€46,908 | +9.0% |
| Other amounts receivable | 41 | €86,486 | €87,064 | +€578 | +0.7% |
| Cash at bank and in hand | 54/58 | €580,832 | €887,967 | +€307,135 | +52.9% |
| Deferred charges and accrued income | 490/1 | €150,846 | €157,966 | +€7,121 | +4.7% |
| Total equity and liabilities | 10/49 | €13,239,602 | €13,659,135 | +€419,534 | +3.2% |
| Equity | 10/15 | €3,548,731 | €4,292,878 | +€744,147 | +21.0% |
| Contributions | 10/11 | €103,600 | €103,600 | = | 0.0% |
| Reserves | 13 | €3,430,711 | €4,176,918 | +€746,207 | +21.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,430,711 | €4,176,918 | +€746,207 | +21.8% |
| Investment grants | 15 | €14,420 | €12,360 | -€2,060 | -14.3% |
| Amounts payable | 17/49 | €9,690,870 | €9,366,257 | -€324,613 | -3.3% |
| Amounts payable after more than one year | 17 | €8,212,374 | €7,209,858 | -€1.0m | -12.2% |
| Financial debts | 170/4 | €8,212,374 | €7,209,858 | -€1.0m | -12.2% |
| Amounts payable within one year | 42/48 | €1,475,668 | €2,137,728 | +€662,060 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €900,787 | €913,538 | +€12,750 | +1.4% |
| Trade debts | 44 | €307,525 | €505,103 | +€197,578 | +64.2% |
| Suppliers | 440/4 | €307,525 | €505,103 | +€197,578 | +64.2% |
| Taxes, remuneration and social security | 45 | €216,978 | €304,714 | +€87,736 | +40.4% |
| Taxes | 450/3 | €133,321 | €207,736 | +€74,416 | +55.8% |
| Remuneration and social security | 454/9 | €83,657 | €96,977 | +€13,321 | +15.9% |
| Other amounts payable | 47/48 | €50,377 | €414,373 | +€363,996 | +722.5% |
| Accrued charges and deferred income | 492/3 | €2,829 | €18,671 | +€15,843 | +560.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,506,727 | €1,664,944 | +€158,217 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013,162 | €1,013,476 | +€315 | 0.0% |
| Other operating charges | 640/8 | €30,124 | €37,410 | +€7,286 | +24.2% |
| Non-recurring operating charges | 66A | €5,168 | €0 | -€5,168 | -100.0% |
| Gross operating margin | 9900 | €3,595,302 | €4,039,958 | +€444,656 | +12.4% |
| Operating profit (loss) | 9901 | €1,040,121 | €1,324,128 | +€284,006 | +27.3% |
| Financial income | 75/76B | €398,197 | €4,135 | -€394,062 | -99.0% |
| Recurring financial income | 75 | €398,197 | €4,135 | -€394,062 | -99.0% |
| Financial charges | 65/66B | €213,296 | €242,319 | +€29,023 | +13.6% |
| Recurring financial charges | 65 | €213,296 | €242,319 | +€29,023 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €1,225,022 | €1,085,944 | -€139,078 | -11.4% |
| Income taxes | 67/77 | €131,426 | €339,737 | +€208,311 | +158.5% |
| Profit (loss) for the period | 9904 | €1,093,596 | €746,207 | -€347,389 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,093,596 | €746,207 | -€347,389 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.